Progressive Distribution expenses increased by 3.8% to $2.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.6%, from $2.63B to $2.97B. Over 3 years (FY 2022 to FY 2025), Distribution expenses shows an upward trend with a 24.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate higher acquisition costs or a shift toward more expensive distribution channels, while a decrease suggests improved cost efficiency in sales.
Costs incurred to acquire and maintain insurance policies through various distribution channels, including commissions p...
Commonly reported as commission expense or acquisition costs in insurance peer filings.
other_distribution_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.43B | $1.43B | $1.43B | $1.43B | $1.49B | $1.49B | $1.49B | $1.49B | $1.83B | $2.11B | $2.56B | $2.63B | $2.63B | $2.64B | $2.82B | $2.86B | $2.97B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.9% | +0.0% | +0.0% | +0.0% | +22.7% | +15.2% | +21.4% | +2.5% | +0.2% | +0.1% | +7.0% | +1.3% | +3.8% |
| YoY Change | — | — | — | — | +4.9% | +4.9% | +4.9% | +4.9% | +22.7% | +41.3% | +71.6% | +75.8% | +43.6% | +24.9% | +10.0% | +8.7% | +12.6% |
| Segment | Q1 '25 |
|---|---|
| Underwriting operations | $2.63B |
| Total | $2.63B |